Defined Benefit (Pension) · DOL Form 5500 · 2022

General Dynamics Corporation Pension Plan

Data updated 2026-08-06

$1.8B
Total assets
2,834
Participants
99th
Percentile by assets
$630,547
Avg per participant
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Official DOL plan name: General Dynamics Retirement Plan (Mission Systems) · Sponsored by General Dynamics Corporation · Virginia · Manufacturing

$1.8B in assets, 2,834 participants

General Dynamics Corporation's General Dynamics Retirement Plan (Mission Systems) reported $1.8B in total assets and 2,834 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,258 plans)
  • #20,383 in Manufacturing (20,629 peers)

Coverage in Virginia

General Dynamics Retirement Plan (Mission Systems) covers 2,834 participants in Virginia, 3.6x the typical Virginia plan (state average ~781 per filing). Assets: $1.8B.

$1.8B
total plan assets (2022 EOY)
2,834
covered participants
99th
percentile by assets (of 139,258 plans)
$630,547
avg assets per participant

The plan reported a net loss of $602M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. General Dynamics Retirement Plan (Mission Systems) reports 2,834 participants - 3.6x that state average ($1.8B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$2.4B
Net Assets (End of Year)$1.8B
Net Income-$602M
Employer EIN131673581
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Dynamics Corporation)

$28B$30B$32B$34B 202220232024 $29.9B $33.4B ▲ +12.0%
Total plan assets by year, all General Dynamics Corporation plans on file
Year Plans Participants Total Assets
2022 16 107,750 $29.9B
2023 14 115,717 $32.7B
2024 11 111,719 $33.4B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

General Dynamics Retirement Plan (Mission Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

General Dynamics Retirement Plan (Mission Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 05101520 Total assets ($B) Participants General Dynamics Ret…Northrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Dominion Energy Pens…Sheet Metal Workers'…
General Dynamics Retirement Plan (Mission Systems) vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to General Dynamics Retirement Plan (Mission Systems) by total assets, not by location.

Frequently Asked Questions

How did General Dynamics Retirement Plan (Mission Systems) assets move in 2022?
General Dynamics Retirement Plan (Mission Systems) declined sharply - down 25.2% during 2022, from $2.4B to $1.8B. Reported net income was -$602M.
How have General Dynamics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), General Dynamics Corporation's sponsor-wide assets grew 12.0%, from $29.9B to $33.4B.
Where does General Dynamics Retirement Plan (Mission Systems) rank by assets among Form 5500 filers?
General Dynamics Retirement Plan (Mission Systems) ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to General Dynamics Retirement Plan (Mission Systems)?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Seafarers Pension Plan in MD ($1.8B, 7,399 participants).

Next read for General Dynamics Retirement Plan (Missio…

Filing takeaways

Ways to act on General Dynamics Retirement Plan (Mission Systems)'s numbers.

  • By total assets, General Dynamics Retirement Plan (Mission Systems) ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
  • General Dynamics Corporation's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans